The Chartered Institute of Taxation (CIOT) today announced the events taking place during the first CIOT-sponsored Tax Advice Week. The week’s aims are to raise awareness about the need for tax advice, even for those on low incomes and to further understanding of tax. The week begins with a debate chaired by CIOT past President John Whiting. The panel consists of MPs Rob Marris (Labour), Mark Hoban, Shadow Chief Secretary to the Treasury (Cons), Dr Vincent Cable, Shadow Chancellor for the Liberal Democrats and Simon Gompertz, journalist from Working Lunch. The debate will include discussion on tax credits, tax avoidance, competitiveness and tax and the rights of the taxpayer. On Tuesday there will be a stand at Victoria Station, London, with on hand from the CIOT and Tax Volunteers. Thursday will see the launch of an educational initiative with Arsenal Football Club designed to help children better understand tax.
John Cullinane, CIOT President, says: “Tax Advice Week is part of the CIOT’s commitment to contributing to the public good, educating the general public about where to get tax advice and why they might need it. Many people in the PAYE system trust that their tax affairs are handled correctly. Unwittingly, they may pay too much tax and never know. For those on low pay this can have a very serious effect on their daily life.”
Across the country, CIOT Branches will be holding a series of events. Several Branches are running a local school competition.
John Cullinane adds: “I am very excited that Tax Advice Week is being launched this year. It builds on the success of last year’s CTA Day run by the CIOT.”
Tax Advice Week is sponsored by Sage.
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